Auto Industry

car&bike Team

Feb 20, 2022, 11:50 PM

California, Texas Pension Funds Among New Investors In EV Startup Rivian

Employee pension funds from 7 US states has bought stakes in electric vehicle startup Rivian Automotive Inc in the quarter that ended December 31, 2021.

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  car&bike Team | Feb 20, 2022

  Firefighters Still Struggle To Douse Fire On Vessel Carrying VW Group's Luxury Cars

  The Felicity Ace ship, carrying around 4,000 vehicles including Porsches, Audis and Bentleys, some electric with lithium-ion batteries, caught fire in the middle of the Atlantic Ocean on February 16, 2022. And firefighters are still struggling to put out the fire.

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  car&bike Team | Feb 20, 2022

  Bihar Man Turns His Tata Nano Into A Helicopter To Rent It Out For Weddings

  Mechanic cum innovator, Guddu Sharma, a resident of Bagaha, Bihar, has converted his Tata Nano car into a non-flying helicopter. He wants to rent it out for weddings for Rs. 15,000.

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  car&bike Team | Feb 20, 2022

  TSMC To Expand New Japan Chip Factory, Denso Takes Stake

  TSMC, which is the world's largest contract chip maker, announced the $7 billion factory in southern Japan in November and construction is scheduled to start this year, with production beginning by the end of 2024.

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  car&bike Team | Feb 20, 2022

  Strategic Investors Back Startup CelLink's $250 Million Funding Round

  CelLink has developed a new method of connecting battery cells and packs, and transferring power and data across vehicle sensors, modules and electronic control units, according to the company.

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  car&bike Team | Feb 20, 2022

  Tesla Software Updates Allow Quick Fixes - And Taking Risks: Analysis

  Tesla's risk-friendly culture and its desire to quickly release cutting-edge technology has also put it on collision course with U.S. safety regulators, which have launched a string of recalls and investigations into the carmaker in recent months.

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  PTI | Feb 20, 2022

  Delhi Govt Replacing Its Old Diesel And Petrol Vehicles With Electric Ones

  After the launch of the Electric Vehicle Policy in August 2020, various departments and autonomous bodies of the Delhi government have started replacing old petrol and diesel vehicles in their fleets with electric vehicles.

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  Reuters | Feb 20, 2022

  GM Extends EV Bolt Production Halt But Plans To Soon Resume Sales

  GM said it planned to resume production of the Bolt at its Orion Township, Michigan plant the week of April 4.

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  Reuters | Feb 20, 2022

  Alphabet's Waymo, CH Robinson To Test Automated Trucks In Texas

  The development of autonomous long-haul trucks will provide welcome relief to fleets that struggled with hauling capacity restraints and chronic driver shortages even before the COVID-19 pandemic exacerbated the situation.

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